U.S. Considers Extending Tariff Suspension for Key Trade Partners

The U.S. government is weighing a potential extension of the tariff suspension originally set to expire in July, which could provide much-needed relief to global markets and reduce trade uncertainty. The decision hinges on whether key trading partners demonstrate good faith during ongoing negotiations. Treasury Secretary Janet Yellen has stated that extending this pause would be crucial for stabilizing markets and fostering further dialogue with these 18 significant trading partners.